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$ 88,000
Est. payment | /mo
3,456 Sqft Lot
$ 88,000
Est. payment | /mo
3,456 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CL25490221
HOA Y/N No
Lot Size 3,456 Sqft
Acres 0.08
Property Sub-Type Unimproved Land
Property Description
Owner took this property a good long ways through the permit process in 2021, but she is elderly and decided she no longer wants to deal with it and is willing to 'firesale' it just to get it off her plate. Plans were submitted in 2021 and corrections were issued. Shouldn't take too much to get it across the finish line. This is probably the best bargain for a vacant lot in the whole city. True, it will need someone who is willing and able to deal with a steep downslope, but the resultant product will be more than worth it. The plans are for a 3 story 1250 sq ft 3 bed 2 bath home with a bridge from the street to the rooftop. Top level includes a two car garage, the living room and a large deck with great views. And, importantly, it is in the highly sought after Mt Washington Elementary School District Even if you factor a generous $500/sq ft to build,and you factor in closing costs and soft costs, there should be plenty of room to clear a good $400,000 profit.... maybe more. All surveys, reports and plans of course included in the sale.
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Fireplace No
Exterior
View Y/N true
View Canyon
Building
New Construction No
Others
Tax ID 5466020022
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Listed by Ken Shapiro • Silverwood Properties